2039 N Gramercy Place, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 4 bath

2039 N Gramercy Place, Los Angeles, California 90068 home-pic-0

2039 N Gramercy Place

Los Angeles, California 90068

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
4Baths
3,858Sq Ft
13,700Lot Size

Property Price

LIST PRICE$3,995,000
EST. MARKET VALUE
$3,885,133

SUMMARY

Estimated Market Value

$3,885,133
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2039 N Gramercy Place
Subject
$3,995,000*
List Price
443,858$1,007-
A
5751 Valley Oak Drive
Sold
$4,625,000554,185$1,1050.2 mi
B
5637 Park Oak Place
Sold
$3,900,000553,992$9770.6 mi
C
2459 Park Oak Drive
Sold
$5,050,000564,700$1,0740.5 mi
D
2311 Vasanta Way
Active
$3,950,000
List Price
464,200$9400.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property, built in 1979, presents as an excellent condition due to its recent, high-quality renovations and sophisticated mid-century inspired design. The kitchen features an oversized island, custom storage, and appears to be updated with modern appliances and finishes, though specific appliance brands are not visible. The spa-like primary bathroom boasts a soaking tub with cinematic views and elegant fixtures, indicating a luxurious and well-maintained space. Other features like the sculptural fireplace, statement lighting, hardwood floors, and custom built-ins throughout the home, along with the expansive outdoor entertaining areas and city views, all contribute to its excellent condition. The property shows minimal signs of deferred maintenance and reflects current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Panoramic City Views

    The property boasts sweeping jetliner views across the city, including stunning vistas from multiple rooms and outdoor entertaining areas, significantly enhancing its desirability and value.

  • Expansive Outdoor Living & Entertaining Spaces

    Features multiple terraces, a dining terrace, sun deck with outdoor shower, a dedicated studio, vibrant orchard, and a pergola-topped entertaining deck with a full outdoor kitchen and bar, ideal for large-scale entertaining and diverse recreational activities.

  • Mid-Century Inspired Architecture & Design

    Thoughtfully designed with a blend of contemporary comfort and timeless architectural cues, featuring a sculptural fireplace, clean lines, and a warm aesthetic that appeals to a sophisticated buyer.

CONSRISKS & DEFICIENCIES

  • Older Construction (1979)

    Built in 1979, the property may require updates or modernization to meet current buyer expectations for systems and finishes, despite its architectural style.

  • Potential for Significant Maintenance

    The extensive grounds, multiple terraces, and mature landscaping, while a strength, may also represent a significant ongoing maintenance commitment for a new owner.

  • High Price Point

    With a list price of $3,995,000, the property is positioned at the higher end of the market, which may limit the pool of qualified buyers.

About 2039 N Gramercy Place

A refined and warmly modern residence in the Los Feliz Oaks, this expansive mid-century inspired estate commands sweeping jetliner views across the city. Thoughtfully designed and layered with serene sophistication, the home offers an effortless blend of contemporary comfort and timeless architectural cues. The entry level hosts two generous bedrooms, a classic hall bath, a finished, extra-large storage room, and an additional en-suite bedroom ideal for guests seeking privacy. Ascend to the main living floor, where walls of glass frame uninterrupted vistas and bathe the interiors in luminous natural light. The living room, anchored by a sculptural fireplace, echoes the clean lines and warmth of mid-century design and flows seamlessly into a dining area with custom bay-window seating and statement lighting. Also providing access to an outdoor lounge area. The kitchen features an oversized center island, a breakfast nook, and abundant custom storage, all opening to a cozy family room with city views, a guest bath, and a laundry room. The primary suite functions as a tranquil, hotel-inspired retreat: a fireside sitting area opens directly to the outdoors, while the spa bathroom offers a soaking tub perfectly positioned to capture cinematic views and ethereal light throughout the day. A custom extra-large dressing room with a custom vanity provides a beautifully curated space for wardrobe and accessories. The lower-level garage conversion creates an inspiring studio workspace with bespoke built-ins and accordion glass doors that dissolve the boundary between indoors and out. The grounds unfold across multiple terraces, providing distinct environments for recreation, creativity, and large scale entertaining. A dedicated studio adjacent to the thriving vegetable and herb garden is ideal for pottery, greenhouse use, or children's activities. Additional outdoor amenities include a grassy side yard, a dining terrace, a sun deck with an outdoor shower, and a vibrant orchard woven into the mature hillside landscape. At the estate's uppermost level, a dramatic pergola-topped entertaining deck with a complete outdoor kitchen and bar. This deck showcases unforgettable sunsets and panoramic city views. Privately positioned at the end of a cul-de-sac and elevated well above the street, this exceptional retreat embodies the elegance, privacy, and enduring allure of California living.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1979
Lot Size
13,700 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Cheremoya Avenue Elementary School

Grades K-6 • 0.5 mi

6/10

Grant Elementary School

Grades K-6 • 0.6 mi

4/10

Los Feliz STEMM Magnet

Grades K-6 • 1.2 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
54%
Baths4.03.0
57%
Square foot3,8582,357.5
84%
Lot Size13,7006,972.5
81%
Price$4.00M$1.92M
91%
Price per sq ft$1.0K$880
80%
Built year19791950
84%
HOA$0$0
50%
Days on market44177
3%

Pricing History

Listed for Sale

Jan 21, 2026

$3,995,000

Initial Listing

Sold

Jun 5, 2017

$3,450,000

Public Record

Sold

Jan 28, 2016

$1,500,000

Public Record

Sold

Aug 7, 2015

$1,035,000

Public Record

Sold

Feb 21, 2007

$1,550,000

Public Record

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